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MedMen appoints Ellen Deutsch as CEO

MedMen Enterprises Inc. CA:MMEN, the struggling U.S. cannabis retailer, on Wednesday appointed Ellen Deutsch as its new chief executive, and said Amit Pandey would become its new chief financial officer on July 24. Deutsch succeeds interim chief executive Edward Record, who will keep serving as a non-executive member of MedMen’s board, the company said. A 20-year veteran of Hain Celestial Group Inc. HAIN, Deutsch most recently worked as senior vice president of market development and shared services at the cannabis company Acreage Holdings Inc. ACRHF. The announcements come after MedMen’s prior CFO resigned last month,…

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This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...